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Stablecoins Market Cap of $153B Would Make Them the 40th Country by Money Supply

Bankless Times LogoBankless Times1w ago

Stablecoins Market Cap of $153B Would Make Them the 40th Country by Money Supply - Bankless Times

Quick Summary:

According to an analysis by BanklessTimes.com, if stablecoins were a country, their market capitalization of $153B would make them the 40th largest by money supply.

This is an impressive feat, considering that stablecoins are still a relatively new phenomenon.

Their popularity has been on the rise in recent years, as they offer many of the benefits of cryptocurrencies without the volatility.


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Article Details

Author / Journalist: Elizabeth Kerr

Category: CryptoTechnology

Topics: Benefits Important Market Money Cryptocurrencies Investment Stablecoins Other Value Risk Financial

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-09-23, 18:22:56

News Timezone: GMT +8:00

News Source URL: banklesstimes.com

Language: English

Reading Time: 5 minutes read

Article Length: 789 words

Coverage Area: Canada

Availability: Desktop Web, Mobile Web

News ID: 491340

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About Bankless Times

Bankless Times Logo

Main Topics: CryptoTechnology

Official Website: banklesstimes.com

Update Frequency: 4 posts per day

Year Established: 2011

Headquarters: Canada

News Last Updated: 7h ago

Coverage Areas: Canada

Ownership: Independent Company

Publication Timezone: GMT +8:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #29

Publisher Details

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